DeepOnion In The Real World - Flash In The Pan Or Real Business?

in #deeponion7 years ago

The DeepOnion "crypto" system was developed in 2017 to provide users with the ability to send "anonymous" transactions across the TOR network. Whilst this functionality had been achieved before (with "Verge"), it was the first time that a system that utilized a number of core encryption mechanisms was used to provide a "crypto" transaction layer that encouraged users to transaction with others within the cryptographic ecosystem.

To this end, if you're looking at "DeepOnion" as a potential investment, what you really need to be doing is observing whether the system actually has any value in the "real world". If it does not, you'll be looking at a system which will die off once the hype goes away. And if you don't believe me, just look at the current "crypto" chart - the moment the majority of people lost interest in a particular "coin", it dropped off the radar. This is because the value of the various "coins" is only really based on the way in which "crypto" people are trading them, but how the public actually ends up buying them.

This tutorial is going to examine how the "DeepOnion" coin will actually hold its value in the "real world". This value will determine its price, and ultimately whether people will be able to profit from it in the long run. Shouting "HODL" or whatever people are doing nowadays is going to do nothing to increase its effectiveness or value in the long run.
Ultimately, what you have to remember with ANY investment is that it's adoption which determines how much it's worth in the long run. Without adoption (either people using or buying it), it's worth relatively little.

The reason why Bitcoin is worth so much is because it's been adopted by millions of people who have used it to transfer money to other people using its network. This gives the system a "value", which may not correspond with its price - but is still a value nonetheless. The key question you need to ask yourself is, "is this a real business". If not, then you need to consider any potential investment very carefully.

Where Its Value Comes From

DeepOnion has been created to provide anonymous transaction capability through the TOR network - using a "blockchain" database system through which a user is able to store files and data for later use. The big problem for DeepOnion, as well as a myriad of other "crypto" systems is the way in which they are not actually engaged in the earning of revenue. Rather, they are designed to provide users with the ability to utilize the "crypto" systems without the need of any further technology.

The "value" of technology in business comes from who wants to buy it. Without this most base of metrics, all the technology in the world is almost entirely worthless. This has been proven time and time again with everything from the dot-com bubble to overpriced real estate. The trick is understanding which systems are true market-makers.
In its present form, DeepOnion is only worth as much as it's being used by other people.

This is menial because it doesn't have much adoption. The magic of the system would come in the form of when it's being used by others in some sort of commercial capacity. In other words, rather than worrying about creating a new "cryptocurrency", you need to focus on building a product which can be sold to businesses. The "product" would have to be something that utilizes the TOR integration of DeepOnion, and obviously its decentralized infrastructure. We believe the likes of a decentralized VPN system for enterprise clients would be effective. Whatever it is, the point is that if you're looking at the system from the perspective of having different types of system you can use.

The more of a "real" business that DeepOnion builds in the background, the higher its underlying "coin" price will be. Not only will this ensure that you're able to get the most out of the investment, but you'll also be able to provide users with the ability to engage with its underlying functionality as effectively as possible.

I hope you liked the article, Please share your comments below, Thank you!

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Hey! Nice to see another "onioner" here :)
Following you, check out my articles if you have a time ;)

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